Banking & Finance 28 May 2025
Top Payment Gateways in India
Here are some of the top payment gateways in India as of 2025, widely used for online and offline transactions:
1. Razorpay
- Key Features: Supports multiple payment modes (UPI, cards, wallets, net banking), robust APIs, and subscription billing.
- Best For: Startups, e-commerce, SaaS.
- USP: Quick onboarding, user-friendly dashboard, and automation tools.
2. Paytm Payment Gateway
- Key Features: High UPI penetration, wallet integration, recurring payments.
- Best For: Businesses targeting a mobile-first Indian audience.
- USP: Paytm Wallet integration, broad user base.
3. Cashfree Payments
- Key Features: Instant refunds, split payments, recurring payments, banking APIs.
- Best For: Enterprises and platforms needing advanced payout capabilities.
- USP: Fastest settlements (as quick as 15 minutes).
4. PhonePe Payment Gateway
- Key Features: Strong UPI infrastructure, supports various payment methods.
- Best For: Businesses focused on mobile commerce.
- USP: Seamless UPI experience, wide adoption.
5. CCAvenue
- Key Features: Multiple language support, international card acceptance, EMI options.
- Best For: Enterprises and global merchants.
- USP: One of the oldest and most trusted gateways in India.
6. Instamojo
- Key Features: Payment links, store builder, subscriptions.
- Best For: Freelancers, small businesses, creators.
- USP: Ease of use, no developer skills needed.
7. BillDesk
- Key Features: Trusted for utility and recurring payments.
- Best For: Large businesses and government payments.
- USP: Stability, government partnerships.
8. PayU
- Key Features: Smart routing, high success rate, anti-fraud tools.
- Best For: Medium to large businesses.
- USP: Global reach, strong analytics.
9. Juspay
- Key Features: One-click payments, UPI integrations, tokenization.
- Best For: Apps and companies focusing on superior checkout experiences.
- USP: Custom UI SDKs, used by top apps like Amazon and Swiggy.
10. Stripe (India)
- Key Features: Developer-friendly APIs, global payments, subscription tools.
- Best For: SaaS and international companies.
- USP: Excellent for cross-border payments, top-notch documentation.